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16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
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15 December 2024 | 7 replies
They have unsecured creditors of over 5 million dollars and secured creditors as either loans on properties and/or owners of properties.
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17 December 2024 | 8 replies
I recommend you find a qualified intermediary who:Will not commingle your funds with other clients.Holds a Fidelity Bond with Errors and Omissions Insurance.Member of the Federation of Exchange Accommodators and Better Business Bureau.Wire Transfer Security measures to counter wire fraud.Have a great day!
12 December 2024 | 4 replies
The location you're referencing will likely require substantial rehab capital.There may be some out of state investor who hears NC and throws their money at a portfolio, but this feels like it'd need to be cash transaction.
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11 December 2024 | 4 replies
Screening tenants well and then a security deposit or credit card hold process in place will limit liability.
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15 December 2024 | 38 replies
Don't be surprised if the insurance company has the family provide the security deposit.
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15 December 2024 | 7 replies
Best practices for security deposit deductions (damages)?
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13 December 2024 | 5 replies
Also the Voucher doesn't cover the security deposit which in most cases, I have to put my S8 tenants on a security deposit payment plan for those to get them qualified to move-in on my applications.
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14 December 2024 | 6 replies
You might be able to secure a loan with 20% down in some cases.
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19 December 2024 | 13 replies
For those looking to scale their portfolios, now might also be an excellent time to secure funding.